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What, there are no state-owned corporations and being state-owned doesn't give the people in charge a feeling of impunity?

By laying out pros and cons we risk inducing people to join the debate, and losing control of a process that only we fully understand. - Alan Greenspan
by Migeru (migeru at eurotrib dot com) on Sat May 22nd, 2010 at 02:34:14 AM EST
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I deliberately didn't suggest nationalisation. It's too politically charged ('socialism') and won't necessarily change internal culture in the way that decapitation and worker management might.
by ThatBritGuy (thatbritguy (at) googlemail.com) on Sat May 22nd, 2010 at 05:46:00 AM EST
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In the USA we have a structure that fits the bill rather well as an end destination for decapitated corporations: the Employee Stock Ownership Plan. There are a number of outstanding corporations run under this formula.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sun May 23rd, 2010 at 01:35:03 AM EST
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Under the slogan "Better Dead Than Red (Or Nationalized)", nationalization without compensation makes sense. But if reinstalling usual Western regulations and government services of 40-50 years ago has a bad political charge of socialism, we are then helplessly too far on the way towards openly corporate government models.
by das monde on Sun May 23rd, 2010 at 05:20:18 AM EST
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